Business Standard

The digital boom's cybersecurity pitfalls: Negligence may spoil the party

The large-scale adoption of cloud and the work-from-anywhere model have led Indian businesses to step up investment in data protection

Data Protection, cybersecurity, digitisation, security

India was hit by 1.39 million cybersecurity incidents in 2022. Over 4.5 million cases were tracked in the last five years

Sourabh Lele
Even as Indian organisations -- from start-ups to large corporations -- are cashing in on digitisation, cloud adoption and work-from-anywhere culture, experts warn that negligence of cybersecurity and risk management may spoil the party.

A recent report from Gartner has forecast end-user spending on security and risk management in India, ranging from infrastructure protection and identity access management to application security, at $2.65 billion in 2023 -- up by 8.3 per cent over the previous year. As in 2022, security services will remain the segment with the highest levels of end-user spending in India in 2023, predicts the technology research

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Feb 19 2023 | 6:11 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on are available only to BS Premium subscribers.

Register to